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Dow Soars Over 400 Points, Hits All-Time High As Rate Hike Odds Fall On Weak Jobs Report — Hassett Says US Economy Is 'Very Strong'
According to the Bureau of Labor Statistics, nonfarm payrolls in June increased by a seasonally adju...
The June jobs report laid an egg: The US only added roughly half of what economists had forecast — what it means for you
Payrolls badly missed the 115,000 economists expected, and the unemployment rate's dip to 4.2% maske...
Euro hits nine-day high after softer-than-expected US NFP
The Euro (EUR) gains against the US Dollar (USD) on Thursday after weaker-than-expected US Nonfarm P...
US Senior Official: Iran accord secures Hormuz reopening, nuclear material
A senior administration official crossed the wires, revealing that the Iran deal guaranteed long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormu ...
United Kingdom: Growth resilience but softer inflation – Deutsche Bank
Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures ...
Gold clears $4,200 as optimism on Middle East deal dents inflation woes
Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile, ...
South Korean Won: Supported by equities and hawkish BoK – BBH
Brown Brothers Harriman’s Elias Haddad highlights strong South Korean asset performance, with South Korean Won (KRW) outperforming and the KOSPI up sharply on AI-led semiconductor strength.
USD/CAD Price Forecast: RSI enters overbought territory as bears defend 1.4000
USD/CAD trades on the front foot on Friday as lower Oil prices weigh on the commodity-linked Canadian Dollar (CAD) amid cautious optimism that the United States (US) and Iran could reach an agreement ...
Japanese Yen: Weakness raises intervention concerns – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady but elevated, with recent gains already surpassing prior intervention-trigger levels. A 25 bps Bank of Japan (BoJ) hike o ...
Euro holds steady against the US Dollar as markets await clarity on a possible US-Iran peace deal
EUR/USD fluctuates between modest gains and losses heading into the weekend as traders await Tehran's decision on a possible agreement with the United States (US) to end the war in the Middle East. At ...
Chinese Yuan: Policy mix supports stability – Societe Generale
Societe Generale notes that Chinese inflation remains subdued, with May Consumer Price Index (CPI) at 1.2% and core at 1.1%, while PPI has risen to a four-year high, suggesting weak consumer demand an ...
Dow Jones Industrial Average takes Pakistan's word for it
The Dow Jones Industrial Average (DJIA) climbed 0.6% on Friday, settling near 51,200 and outperforming the rest of the US majors on a day when the tech-heavy Nasdaq Composite slipped into the red.
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433
SpaceX stock reaches new intraday high an hour into first trading session
SpaceX (SPCX) stock swung to a new daily high an hour into its first day of trading on Friday.
Japanese Yen holds as traders switch focus to BoJ hike and Warsh’s first Fed meeting
The USD/JPY pair trades near the 160.20 region on Friday as the Japanese Yen (JPY) remains slightly under pressure, while investors prepare for a key central bank week featuring the Bank of Japan's (B ...